GLASGOW CLIMATE PACT: A BRIEF SUMMARY

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As the COP-26 at Glasgow came to an end, intellectuals and activists all over the world started to analyze the declaration and the proceedings of the conference from their perspectives. Some are busy finding lacunas and the gaps which the conference didn’t address, while others are busy touting it as the most productive discussion and perhaps the most significant step in the direction to fight climate change. This article is not inclined to do either but to present you the crux of what the Glasgow Climate Pact is all about.

What is Glasgow Climate Pact?

As some of you might already know, that the COP-26 took place in Glasgow in the UK from 31 October 2021- 12 November 2021. The Conference was attended by all the members of UNFCCC. The conference was significant due to the promises made by the member nations to reduce their carbon emissions by phasing down the use of fossil fuels and increasing their renewable energy generation capacities. All these promises by the member nations can be considered their individual contributions to this global fight against climate change. These promises also become significant in the light of Paris Agreement which aims to limit the temperature rise due to global warming to 1.5° Celcius and below 2° C.

In this context, at the end of the conference, the member nations arrived upon a consensus regarding their future goals and responsibilities and issued a joint declaration in the form of Glasgow Climate Pact.

Summary of Glasgow Climate Pact

The Glasgow Climate pact takes into account the fact that till now, anthropogenic actions have already increased the global temperature by 1.1° C and the effects of this global warming are being felt in every region of the world.

The Pact maintains the goal set by Paris Climate Agreement to limit the global temperature rise above 1.5° C and well below 2° C pre-industrial levels, but stresses that the world needs to enhance the ambition and action concerning mitigation, adaptation, and finance to address the gaps between current efforts and pathways in pursuit of the global goal.

Taking note of the findings of the sixth assessment report of IPCC, which includes that the climate and weather extremes and their adverse impacts on people and nature will continue to increase with every additional increment of rising temperatures; the Glasgow Climate Pact welcomes the National adaptation plans submitted by the parties and urges them to further integrate adaptation into local, national, and regional planning.

The Glasgow climate pact notes the failure of parties to mobilize USD 100 billion per year by 2020 which was agreed upon by the parties under Paris climate agreement. Therefore, it attempts to bring the finance provisions of Paris Climate agreement with more determination. It urges the developed nations to contribute USD 100 billion per year in support to developing nations at the same time emphasizing that financial support to the developing nations needs to be enhanced beyond USD 100 billion to meet the goals. It encourages parties to explore innovative approaches and instruments for mobilizing finance for adaptation from private sources.

Glasgow Climate pact recognizes that limiting the temperature rise to 1.5° C requires rapid, deep, and sustained reductions in global greenhouse gas emissions, including reducing global carbon dioxide emissions by 45 percent by 2030 relative to the 2010 level and net-zero around mid-century. It also invites parties to consider further actions to reduce by 2030 non-carbon dioxide greenhouse gas emissions, including methane.

The pact acknowledges that climate change has already caused damage and the increasing temperature will cause greater loss and damage. It urges the developed nation parties and the operating entities of the financial mechanism and other parties involved to provide enhanced support to activities addressing the loss and damage caused by adverse impacts of climate change.

The pact recognizes the need to make transitions that promote sustainable development and aid in the eradication of poverty. It stresses the need to make financial flow consistent with the pathway towards low greenhouse gas emission and climate-resilient development.

In a way, Glasgow Climate pact is the forerunner of Paris Climate Agreement and it urges the parties to implement and meet the outstanding pledges under the agreement.

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Glasgow Climate Pact

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About Author

  • Ankit is an avid reader and a writer by interest who views life as a process of continues conquest. He is an environmental enthusiast and has a Master's degree in Environmental Studies.